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Từ khóa: #public debt

Mindset change needed to face rising inflation

Mindset change needed to face rising inflation

The entire world is facing a possible risk of an economic recession and high inflation. To prepare for any severe onslaught, Vietnam needs to think in terms of its own rising inflation and growth rate and be well prepared for the future.
Transactions carried out in Agribank – Hoan Kiem branch in Hanoi (Photo: SGGP)

Vietnam should introduce appropriate economic support policies: experts

The socio-economic recovery and development program is still in the preparation stage to be submitted to the Government this December. It has attracted much attention of delegates in the second session of the 15th National Assembly regarding possible impacts on the macro economy like increasing spending, public debt, government debt, and inflation risks.

Government: Public debt, government debt within allowable limits

Government: Public debt, government debt within allowable limits

According to the Government, through controlling overspending and borrowing of local budgets, by the end of 2020, Vietnam's public debt was equal to about 55.8 percent of gross domestic product (GDP), and the Government debt was about 49.6 percent of GDP, which are all within the allowable limit.
Vietnam’s public debt exceeds 61 percent GDP this year

Vietnam’s public debt exceeds 61 percent GDP this year

Vietnam’s public debt is expected to account for 61.1 percent of Gross Domestic Product (GDP) in 2018, which is within the allowable limit by the National Assembly and lower than expected in mid-term financial plan, according to the leader of the Department of Debt Management and External Finance under the Ministry of Finance.

Prime Minister Nguyen Xuan Phuc addresses national teleconference between the Government and localities

PM: growth needed to address employment, reduce public debt

Growth is an inclusive target of Vietnam, which will assist the country in addressing employment, increasing budget collection and reducing public debt, Prime Minister Nguyen Xuan Phuc stressed at a national teleconference between the Government and localities on July 2.